Health Reimbursement Arrangement
How do I use my HRA to pay for healthcare expenses
An HRA is a reimbursement account set up and funded by your employer that helps you pay for qualified medical expenses incurred throughout the plan year.
How do I use my HRA to pay for healthcare expenses
You can use your employer's card to pay your providers for eligible healthcare expenses or pay with your personal funds and submit a claim for reimbursement.
What can the HRA pay for?
HRA eligible items are commonly tied to deductible and coinsurance expenses. However eligible expenses can vary based on your employer's plan design. Common deductible and coinsurance expenses include:
- Copays, deductibles, payments, coinsurance
- Doctor office visits, exams, lab work
- Prescription drugs
- Hospital visits
Do my unused funds rollover to the next year?
One of the greatest values of an HRA is that all or a portion of the funds remaining in your account at the end of the plan year will automatically rollover to next year's HRA plan for expenses next year.
How are HRAs and FSAs different?
An HRA is a reimbursement account set up and funded by your employer to cover eligible healthcare expenses. Unlike a healthcare FSA where the IRS defines the services eligible for reimbursement from an HRA.